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Effective financial reporting in the public sector drives accountability, transparency, and improved trust in government. Most state sector entities prepare financial statements that are publicly available and tabled in parliament.
These reports summarise the results of our audits of financial statements for Queensland state government entities, including government departments, government owned corporations, and statutory bodies. The reports also include analysis of the Queensland Government’s financial performance and position and highlight the main transactions for the year.
The reports will also include commentary on our annual assessment of the quality and effectiveness of internal controls across the state sector. This will include our assessment of general information technology controls.
Each year our report will build on focus areas from our previous reports.